1 William Hill Profits Boosted By Online Betting

dontepinkston edited this page 2025-10-18 08:43:12 +00:00

William Hill earnings increased by online wagering

19 April 2013

William Hill said a strong efficiency in online betting helped to boost its very first quarter running revenues by 8%.
bit.ly
More were made online than in its betting shops, with an increasing number placed through its mobile apps.
bet9ja.com
the yohaig code company said, external that although it had a bad Cheltenham Festival, it had better luck in the Champions League.
bet9ja.com
It was the very first time no English football group had actually remained in the quarter finals since 1996.
bet9ja.com
As such, while the amount paid out to winning bets at the Cheltenham Festival was higher, the cash punters put on English groups to advance to the Champions League quarter finals and beyond all entered into William Hill's coffers.
bet9ja.com
The company said it had actually also enjoyed its best-ever lead to a Grand National, which was won by the yohaig code 66-1 outsider Auroras Encore.

"It has actually been a successful start to 2013 in trading terms", stated chief executive Ralph Topping.

"Having grown our UK online market share from 10% to 15% over the last 4 years, we aim to increase our share and are making significant investments in marketing, technology and people to accomplish that," he added.
bet9ja.com
On Monday, rival bookmaker Ladbrokes warned that trading had actually been worse than anticipated in the first 3 months of the year.
bit.ly
The company blamed a drop in profits from the Cheltenham Festival and lower incomes from high value bettors. It added that a high variety of cancelled meetings, since of the extreme winter season, had also affected its outcomes.
bet9ja.com
Richard Hunter, head of equities at Hargreaves Lansdown Stockbrokers, stated: "William Hill's efficiency and prospects remain in plain contrast to the difficulties currently being faced at Ladbrokes.

"There are, of course, headwinds, such as the fierceness of competitors in the sector and the typically pressed consumer, however these are obstacles which the entire market is facing," he added.

Ladbrokes alerts on slower trading

15 April 2013